Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs......

KKR to invest Rs 2,069 cr in Reliance Retail; to hike stake to 1.42%

Global investment firm KKR will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd for a 0.25 per cent additional stake of the retailer at a valuation of about Rs 8.36 lakh crore, Reliance......

RCap auction postponed to April 11 even as Torrent pursues litigation

Lenders fix Rs 9,000 cr as floor price; Torrent may participate, but it will be subject to SC decision on its petition, which will be heard in August. Dev Chatterjee reports. Photograph: Francis......

Fortis' Parkway offer to close on Aug 12

Fortis Healthcare said its offer to acquire the shares of Parkway Holdings, the Singapore-based company that runs Asia's largest hospital network, will close on August 12. In a disclosure to the......

Pyeongchang on track to be coldest Olympics in decades

Plunging to minus 20 degrees Celsius, the temperatures have put Pyeongchang on track to be the coldest Olympics in decades Sporting and digital equipment appears no match for the biting cold either......